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Good Morning,
The Nigeria Hydrological Services Agency (NiHSA) has warned that flooding may persist across several parts of the country until September, with peak impacts expected in the coming weeks. The agency cautioned that prolonged flooding could contaminate drinking water sources, threaten public health and increase pressure on homes, infrastructure and flood-prone communities, underscoring the need for stronger preparedness and climate resilience measures.
NiHSA Warns Flooding Could Persist Until September, Threaten Drinking Water
The Nigeria Hydrological Services Agency (NiHSA) has warned that flooding across parts of the country could continue until September, with the most severe impacts expected between August and September. The agency also cautioned that prolonged flooding could contaminate drinking water sources, increasing public health risks in affected communities.
Lagos Flooding Caused by Drainage Failures, Not Coastal Highway - Umahi
Minister of Works David Umahi has rejected claims that the ongoing Lagos-Calabar Coastal Highway project caused recent flooding in parts of Lagos, arguing instead that inadequate drainage systems, blocked waterways and rapid urban development are the primary factors behind the flooding incidents. The minister's comments come amid growing public debate over the impact of major infrastructure projects on environmental sustainability and urban resilience.
Nigeria Ranks Among Africa's Top 15 Most Expensive Luxury Rental Markets
Nigeria has been ranked among Africa's top 15 countries with the highest luxury residential rental rates, highlighting the continued strength of the country's premium property market despite persistent affordability challenges across the wider housing sector. According to The Africa Report 2026/27 (7th Edition): The Ultimate Guide to Africa's Real Estate Markets, prime four-bedroom homes in Lagos and Abuja command an average monthly rent of $3,000, placing Nigeria among the continent's leading luxury rental destinations.
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Nigeria Targets Blue Economy Growth Through Stronger State-Private Collaboration
The Federal Government has called for closer collaboration between state governments, the private sector and development partners to accelerate the implementation of Nigeria's National Policy on Marine and Blue Economy. Officials say coordinated action across all levels of government is essential to unlocking the country's vast marine resources, attracting investment and creating sustainable jobs.
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Nigeria, Ghana Deepen Maritime Partnership to Strengthen West African Trade
Nigeria and Ghana have strengthened bilateral maritime relations following the signing of a Memorandum of Understanding (MoU) between the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Ghana Maritime Authority (GMA). The agreement seeks to deepen cooperation in maritime safety, trade facilitation, institutional development and blue economy initiatives while enhancing regional integration across West Africa.
Stakeholders Back Economic Reforms, Regional Trade to Boost Nigeria's Resilience
Nigeria's ongoing economic reforms, combined with opportunities presented by the African Continental Free Trade Area (AfCFTA), are expected to strengthen investor confidence, boost industrialisation and position the country for more resilient long-term economic growth, according to government officials and business leaders. The consensus emerged during the sixth Chief Financial Officers (CFOs) Luncheon organised by the Franco-Nigerian Chamber of Commerce and Industry (FNCCI) in partnership with Forvis Mazars in Nigeria.
Quote of the day:
“Progress begins the moment systems replace shortcuts, and accountability becomes the standard.”
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